winding-up proceedings
Definitions over time (1)
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27/06/2002 – 30/06/2009 Article 2, Directive 2002/47/EC Scope: Whole act
(j) "winding-up proceedings" means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;
Other definitions of this term in this act (1)
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